Sofi wants to make withdrawals of $41,143 at the end of each year for 4 years to pay for college. Her first withdrawal occurring in 11 years. She plans to finance these withdrawals with 3 savings payments of $26,817 in 2 year from today, $X 5 years from today and $12,087 9 years from today. How much must she deposit 5 years from today (X) to meet her goal if she can borrow and lend at 3.58% interest per year compounded annually.

Hint: this is a 2 part problem, the present value of the annuity, what she plans to spend will define how much she needs to save. From there you can backout X.

Answer Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$" "," or any other formatting. Carry interim computations to at least 4 decimals.

Enter numerical answers as a positive or negative number rounded to 2 decimal places (###.##)